Please take it from me, an old shanghai whore who will share a bit of bedroom wisdom as I take a long drag on a post-coital cigarette before I stamp it out and mash it with my layoff whore 6" stiletto heels....
Yes, you'll be OK. A layoff is alot like a breakup. You think you're going to die and sh-t, and yet you rebound and go on to greener pastures. You'll also be surprised at how inventive and resourceful you become in your pursuit of a better career.